RBI to enhance Transaction Limit of Digital Payments; says RBI Governor

RBI to enhance - Transaction Limit of Digital Payments - RBI Governor - TAXSCAN

The Reserve Bank of India (RBI) Governor Shaktikanta Das, in his statement issued on 10th August 2023 has informed that the RBI is to enhance the transaction limit for small value digital payments in off-line mode from ₹200 to ₹500 within the overall limit of ₹2000 per payment instrument. With the objective of harnessing new…

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